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Mind_42
Nov 22, 2023 11:43 PM

FCU - URA Long

FISSION URANIUM COTSX

Description

Uranium stock - TSX
Clear macro market cycles
IPO into down trend - descending triangle = bearish
2019 horizontal support breaks which results in capitulation in 2020 -80% from March 2019-2020 March.
Down trend breakout in 2021 with retest to now support.

Bull flag formation in 2021-2023 with retest of 0.55 key swing low level now acting as support.
Bull flag breakout, this asset is inherently bullish.
Target is new highs.
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